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November 22, 2024
 

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Thomas I. Palley
COMMENTARY / World
Jul 24, 2013
To avoid the currency wars
The global economy needs exchange rate coordination now to damp the possibility of 'currency wars' as countries seek to gain competitive advantage.
COMMENTARY / World
Nov 5, 2009
Dollar dying at the hands of a weak renminbi
WASHINGTON — Over the last several weeks, the dollar's depreciation against the euro and yen has grabbed global attention. In a normal world, the dollar's weakening would be welcome, as it would help the United States come to grips with its unsustainable trade deficit. But, in a world where China links...
COMMENTARY / World
Aug 29, 2009
One hand clapping for the Fed's Bernanke
WASHINGTON — President Barack Obama's nomination of Ben Bernanke to a second term as Chairman of the U.S. Federal Reserve represents a sensible and pragmatic decision, but it is nothing to celebrate.
COMMENTARY / World
Nov 27, 2008
Letting the Big Three fail risks a meltdown
WASHINGTON — The financial crisis that began in 2007 has been persistently marked by muddled thinking and haphazard policymaking. Now, the U.S. Treasury is headed for a mistake of historic and catastrophic proportions by refusing to bail out America's Big Three automakers.
COMMENTARY / World
Jun 30, 2008
Best way to beat the oil barons
Over the past 18 months, oil prices have more than doubled, inflicting huge costs on the global economy. Strong global demand, owing to emerging economies like China, has undoubtedly fueled some of the price increase. But the scale of the price spike exceeds normal demand and supply factors, pointing...
COMMENTARY / World
Feb 14, 2008
Washington suffering from debt delusion
WASHINGTON — A second big American interest-rate cut in a fortnight, alongside an economic stimulus plan that united Republicans and Democrats, demonstrates that U.S. policymakers are keen to head off a recession that looks like the consequence of rising mortgage defaults and falling home prices. But...
COMMENTARY / World
Feb 8, 2008
Breaking the monopoly on econ theory
WASHINGTON — For 25 years, the so-called Washington Consensus — comprising measures aimed at expanding the role of markets and constraining the role of the state — has dominated economic development policy. As John Williamson, who coined the term, put it in 2002, these measures "are motherhood...
COMMENTARY / World
May 23, 2007
How Japan fuels financial instability
NEW YORK — Over the past several years, much attention has focused on the role of China's trade surplus in creating today's global financial imbalances. But too little attention has been paid to the role of Japan's policy of near-zero interest rates in contributing to these imbalances. As global financial...
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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